Adaptive Medias Inc (fka ADTM)

[Irish62]

It is imploding because Shareef has no clue how to frugally run a company.

It isn't his money so he doesn't care how he wastes it or how he spends it.

He hires and hires and hires without giving any thought to whether they are truly needed. He just thinks the more the merrier and it will look like the company is "busy" and create a "buzz" that ADTM has a lot of workers who are overjoyed to be working there.....but yet the customer list is declining and the uncollected revenue---the vast majority of total revenue ---is from just a few customers. That IS NOT market penetration and that IS NOT indicative of market acceptance. Releasing pr's stating that working for ADTM is better than working for most all public companies because the benefits and perks are through the roof is a slap in shareholder's faces. The company is increasingly losing money......many people supposedly hired to do certain jobs are enjoying excessive perks from shareholder money while "consulting" with outside companies who are now being paid with shareholder money to do a job that they were supposed to do! Another slap in shareholder's faces.

But if you read the fluff pr's.....listen to Shareef's one-way CC.....read company propaganda.....or listen to the cheerleaders, pumpers and/or company "insiders' who have created user names who post here then you would think this company is better than AOl....has the best end to end stack and has the greatest employees in the industry.

But it's becoming clear that Shareef doesn't know what he is doing and doesn't care about shareholder value. Shareholders don't factor into the equation with Shareef because he has everything for NOTHING and gets to take 100% of his salary and bonuses home every week because Shareef has shareholder money to pay for everything and has paid off all his past debts accumulated before taking over Mimvi with shareholder money.....shares do count as shareholder money!

The lack of transparency and the massively increasing dilution is killing shareholder value and the market knows this. But Shareef will soon receive a nice bonus and millions of shares to once again be the largest shareholder....that will happen because he has his back pocket majority!

And I didn't even mention all the BS surrounding the OneScreen deal from the very beginning it was mentioned in December 2013. Shareef stating he knew nothing about OneScreen's fraudulent business practices is very questionable. Hiring all those employees who were about to be unemployed because OneScreen was DEAD is another slap........and those back pocket majority members who gave away 50% of the float for Media Graph should be held just as accountable for answers as the Shareef.

But we won't get any answers.....we'll just more pr's and scripted interviews on how great everything is and how wonderful it is to work for ADTM.